PROXY TABULATOR
IT IS IMPORTANT THAT PROXIES BE VOTED PROMPTLY.
P.O. BOX 9112
EVERY SHAREHOLDERS VOTE IS IMPORTANT.
FARMINGDALE, NY 11735
To vote by Internet
1) Read the Proxy Statement and have the proxy card below
at hand.
2) Go to website www.proxyvote.com
3) Follow the instructions provided on the website.
To vote by Telephone
1) Read the Proxy Statement and have the proxy card below
at hand.
2) Call 1-800-690-6903
3) Follow the instructions.
To vote by Mail
1) Read the Proxy Statement.
2) Check the appropriate boxes on the proxy card below.
3) Sign and date the proxy card.
4) Return the proxy card in the envelope provided.
TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS:
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KEEP THIS PORTION FOR YOUR RECORDS
THIS PROXY CARD IS VALID ONLY WHEN SIGNEDAND DATED.
DETACH AND RETURN THIS PORTION ONLY
For Against Abstain
1. Approve an Agreement and Plan of Reorganization (the “Plan of Reorganization”), between Direxion Funds,
on behalf of each of the Acquired Funds, and Northern Lights Fund Trust II, on behalf of its newly created
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series, Hundredfold Select Alternative Fund, Hundredfold Global Perspective Fund, and Hundredfold Equity
Opportunity Fund (each an “Acquiring Fund” and collectively the “Acquiring Funds”), and the transactions
contemplated thereby, including (a) the transfer of all the assets of the Acquired Funds to, and the assumption
of all the liabilities of Acquired Funds by, the corresponding Acquiring Fund in exchange solely for shares of
the corresponding Acquiring Fund; and (b) the distribution of those Acquiring Funds shares pro rata to
shareholders of the respective Acquired Funds
2. Transaction of such other business as may properly come before the Meeting and any adjournment thereof.
NOTE: Please sign exactly as your name appears on this proxy card. When units are held by joint tenants, at least one holder
should sign. When signing in a fiduciary capacity, such as executor, administrator, trustee, attorney, guardian, etc., please so
indicate. Corporate and partnership proxies should be signed by an authorized person indicating the person’s title.
Signature [PLEASE SIGN WITHIN BOX]
Date
Signature [PLEASE SIGN WITHIN BOX]
Date
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DIREXION FUNDS
Spectrum Select Alternative Fund
Spectrum Global Perspective Fund
Spectrum Equity Opportunity Fund
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
Andrew Rogers and Kevin Wolf, or either of them, with power of substitution, are hereby authorized
as proxies to represent, and to vote the shares of beneficial interest (the “Shares”) of Spectrum
Select Alternative Fund (the “Fund”), a series of Direxion Funds, owned by the undersigned
shareholder(s) at the Special Meeting of Shareholders of the Fund to be held at the offices of
Direxion Funds, 33 Whitehall Street, 10th Floor, New York, New York 10004 on September 29, 2011
at 10:00 a.m. Eastern Time, and at any adjournment thereof. The proxies are to vote the Shares of
the undersigned as instructed below and in accordance with their judgment on all other matters
which may properly come before the meeting. If no specification is made, this proxy will be voted
in favor of the proposal.
PLEASE SIGN AND DATE ON THE REVERSE SIDE.